Station Xing Waterloo, IL 62298

Property Details for Station Xing

Lot size

2.00 lot acres

Property type

Commercial real estate

Description

This exceptional commercial land offering presents a rare opportunity to acquire two acres of prime real estate in Waterloo, Illinois. The property comprises twelve individual commercial lots, six of which enjoy direct frontage on Illinois Route 3, a major thoroughfare boasting an impressive 2017 Illinois Department of Transportation (IDOT) traffic count exceeding 14,700 vehicles daily. This high visibility ensures significant exposure for any business development. The property is zoned B-3 Central Business, allowing for a wide range of commercial uses. All essential utilities are readily accessible, either along Station Crossing or Columbia Avenue, with tap-in fees determined by the specific services required. This flexible zoning and utility access provide considerable development potential. Furthermore, enhancing the versatility of this offering, Lots 1 and 7 possess the unique advantage of potential subdivision, allowing for access from both Moore Street and Station Crossing. The price of $325,000 reflects the entire two-acre parcel, with adjustments to the per-square-foot cost considered should a buyer opt to purchase a subdivided portion of Lots 1 or 7. This presents a compelling investment opportunity for developers and businesses seeking a strategic location with high traffic volume and flexible development options. Don't miss this chance to secure a prominent position in a thriving commercial area.

Location Insight

City

Waterloo

County

Monroe-IL

State

Illinois

Longitude

-90.1519

Latitude

38.3439